$1,950 Per Month
- 2 Beds
- 2 Baths
- Condo for Rent
5031 W Oakland Park Blvd Unit 204, Lauderdale Lakes, FL 33313
5031 W Oakland Park Blvd Unit 204, Lauderdale Lakes, FL 33313
Frequently Asked Questions
How much does it cost to rent a home in Lauderdale Lakes, FL?
The median rent for a home in Lauderdale Lakes, FL is $1,700 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lauderdale Lakes, FL?
To comfortably afford the median rent in Lauderdale Lakes, FL, a household needs to earn roughly $68,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,700 per month in Lauderdale Lakes, FL, renters typically need to show $5,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lauderdale Lakes, FL?
In Lauderdale Lakes, FL, the price-to-rent ratio is 5.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lauderdale Lakes, FL are best for renting a home?
The best neighborhood for renting in Lauderdale Lakes, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Oriole Estates, Oakland Estates, Palm Aire, Central Lauderhill and Rock Island, each with its own character and price range.
